What is trade promotion agreement in SAP CRM-MKT - Marketing?

SAP Term: trade promotion agreement

• Component: CRM-MKT

• Component Name: Marketing

• Description: A non-binding document that outlines proposed events and activities for an account during a specific timeframe. The agreement can be used as a guide for creating trade promotions for the account.

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• Key Concepts: 
  Trade promotion agreements are a type of contract between a company and its customers or suppliers. They are used to define the terms of a trade promotion, such as discounts, rebates, and other incentives. The agreement also outlines the responsibilities of each party involved in the promotion.
  
  How to use it: 
  In SAP CRM-MKT Marketing, trade promotion agreements can be created and managed. The agreement can be used to define the terms of the promotion, such as discounts, rebates, and other incentives. The agreement also outlines the responsibilities of each party involved in the promotion. Additionally, it can be used to track the progress of the promotion and ensure that all parties are meeting their obligations.
  
  Tips & Tricks: 
  When creating a trade promotion agreement in SAP CRM-MKT Marketing, it is important to ensure that all parties involved understand the terms of the agreement. Additionally, it is important to ensure that all parties are aware of their responsibilities and that they are meeting their obligations. Finally, it is important to track the progress of the promotion to ensure that it is successful.
  
  Related Information: 
  For more information on trade promotion agreements in SAP CRM-MKT Marketing, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for creating and managing trade promotion agreements in SAP CRM-MKT Marketing.